FineMark National Bank & Trust Has $1.70 Million Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

FineMark National Bank & Trust raised its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 96.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,750 shares of the exchange traded fund’s stock after purchasing an additional 3,318 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares Russell 2000 Growth ETF were worth $1,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBC Securities Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $648,000. Pinnacle Financial Partners Inc lifted its position in shares of iShares Russell 2000 Growth ETF by 26.5% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 2,291 shares of the exchange traded fund’s stock valued at $514,000 after buying an additional 480 shares during the last quarter. MONECO Advisors LLC grew its stake in shares of iShares Russell 2000 Growth ETF by 12.0% during the 3rd quarter. MONECO Advisors LLC now owns 1,226 shares of the exchange traded fund’s stock worth $275,000 after acquiring an additional 131 shares during the period. Ieq Capital LLC increased its holdings in iShares Russell 2000 Growth ETF by 6.9% in the 3rd quarter. Ieq Capital LLC now owns 6,006 shares of the exchange traded fund’s stock worth $1,346,000 after acquiring an additional 387 shares during the last quarter. Finally, Lincoln National Corp raised its stake in iShares Russell 2000 Growth ETF by 7.1% in the 3rd quarter. Lincoln National Corp now owns 5,713 shares of the exchange traded fund’s stock valued at $1,281,000 after acquiring an additional 380 shares during the period.

iShares Russell 2000 Growth ETF Stock Up 1.2 %

IWO traded up $3.20 on Friday, hitting $264.30. The company’s stock had a trading volume of 121,075 shares, compared to its average volume of 509,269. The company’s 50 day simple moving average is $260.07 and its 200-day simple moving average is $250.04. iShares Russell 2000 Growth ETF has a 12 month low of $203.42 and a 12 month high of $273.76. The firm has a market cap of $11.02 billion, a P/E ratio of 16.25 and a beta of 1.31.

About iShares Russell 2000 Growth ETF

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.